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4186 Easton Ave, Bethlehem, PA 18020
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Property summary
AI-generated overview
This exceptional 3.1-acre commercial development site in Bethlehem, Pennsylvania, presents a unique redevelopment opportunity. Located at 4186 Easton Ave, in Northampton County (zip code 18020), the property is zoned NC (Neighborhood Commercial) and offers significant potential. The site includes three existing structures totaling approximately 14,010 square feet. The main structure is a two-story post and beam barn, approximately 7,000 square feet, with a history as a successful retail location in the Lehigh Valley. Two additional barns provide approximately 2,800 square feet of storage space. The asking price is $2,650,000, translating to $189.15 per square foot. Its convenient location offers easy access to major transportation arteries, including Route 33 and I-78, making it highly attractive for a variety of commercial ventures. This property represents a rare chance to acquire a substantial parcel in a thriving area with excellent visibility and accessibility. The existing structures offer immediate income potential or the possibility of adaptive reuse, while the ample land allows for significant expansion or new construction.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1878
Total area
6,840 SF
Lot
3.1 ac (135,036 SF)
Zoning code
NC
APN
M7SE2 1 37 0205
UPID
US73-0744507
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$815k
Comparable Approach
Comparable
$721k
Blend (final)
Blend
$330k
Owner & transaction history
since 2010
3 recorded transactions
Zoning & alternative use
NC · Bethlehem, PA
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 7 comparables with addresses
4 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
from $99/month
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Summary
1
Valuation conclusion
Included free
Estimated market value
$330k
Value range
$297k – $363k
±10% around blend
Estimated value / SF
$48 / SF
Confidence
High
7 county-verified comps
Property data
100
Market benchmarks
67
Comparable evidence
70
Income certainty
100
$297k
blend $330k
$363k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
6,840 SF
Lot area
3.1 ac
Year built
1878
Stories
1
APN
M7SE2 1 37 0205
Zoning
NC
Assessed value
$253,800
Annual tax
$19,477
3
Income approach: direct capitalization
Partial preview
Income approach indication
$815k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$885k
@ 6.5% CAP return
$815k
@ 7% CAP return
$755k
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$19,477
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$802k
Weighted, 7 comps · high confidence
Evidence
7 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
6.6 mi away · 5,875 SF
7.7 mi away · 5,553 SF
9.2 mi away · 6,829 SF
9.4 mi away · 5,202 SF
9.5 mi away · 7,460 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$330k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 47 sales
$160
-70%
County 116 sales
$132
-64%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $48/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 7 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
Selected market yield
5.04%
Selected cap rate for this retail space
Derived from the Bethlehem market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 5.04%
9.0%
NOI (est.)
$95k *
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.89M
Move the market yield to see immediate price impact.
Value / SF
$277
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
4.54%5.04%5.54%
$86k
$1.89M
$1.71M
$1.55M
$95k
$2.10M
$1.89M
$1.72M
$105k
$2.31M
$2.08M
$1.90M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
7 found
High confidence · county-verified
Closest comparable
$550k
5.3 mi · Mar 2026 · $94/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$19,477
Tax year 2024
Assessed value
$253,800
Assessed 2024
Previous assessed
$253,800
+0.0% YoY
Effective rate
7.67%
On assessed value
Assessed land
$135,000
Assessed improvement
$118,800
Land market value
$270,000
Improvement market value
$237,600
Total market value
$507,600
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
1878
Heating
YES
Cooling
WINDOW A/C
Buildings
2
Stories
1
Rooms
1
Total area
6,840 SF
Lot
3.1 ac (135,036 SF)
Zoning code
NC
APN
M7SE2 1 37 0205
UPID
US73-0744507
Jurisdiction
NORTHAMPTON
Zoning & alternative use
NC · Bethlehem, PAZoning NC · permitted uses
NC · Bethlehem, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1878
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Rooms
1
Lot
3.1 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
NC
Jurisdiction
Bethlehem, PA
Recorded code
NC
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for NC in Bethlehem, PA.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 30 · 300 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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